According to IMARC Group’s latest report, titled “Aerial Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global aerial imaging market size reached US$ 2.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.2 Billion by 2028, exhibiting a growth rate (CAGR) of 14.9% during 2023-2028.
Aerial imaging refers to the capturing of photographs or images from an airborne platform. It is an essential tool for the interpretation of objects, places, and features and topographical mapping. The remote sensing method gathers vital information regarding land use, forestry, conservation, agricultural management, disaster management, environment monitoring, ground surveillance, and urban planning.
Helicopters, parachutes, rockets, balloons, and unmanned aerial vehicles (UAVs) are commonly used for aerial imaging. The system is equipped with 360-degree vision cameras, geographic systems, and light detection and ranging (LiDAR) systems, which provide information about vegetation areas, soil maps, and land cover for the analysis and strategic planning of urban settlements and route design. Consequently, it is extensively utilized across various industries, including defense, media and entertainment, and agriculture.
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Market Trends and Drivers:
The rising use of aerial imaging for defense applications is one of the key factors bolstering the market growth. Moreover, the surging cases of natural calamities, such as tsunamis, earthquakes, forest fires, and tornadoes, have facilitated the demand for drones and UAVs to obtain images for land mapping and research.
The rapidly expanding construction industry and the burgeoning adoption of location-based services are acting as other major growth-inducing factors. Additionally, the governments of various nations are using aerial imaging solutions for developing 360-degree panoramic interfaces, which is providing a considerable thrust to the market growth.
The various technological advancements, such as the integration of the Internet of Things (IoT), and the increasing investments in research and development (R&D) activities, are contributing to the market growth.
Aerial Imaging Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the aerial imaging market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Blom Norway (Terratec AS)
- Cooper Aerial Surveys Co.
- Digital Aerial Solutions LLC
- Eagle Aerial Solutions
- Eagle View Technologies Inc.
- Fugro N.V.
- GeoVantage Inc. (John Deere)
- Global UAV Technologies Ltd.
- Kucera International Inc.
- Landiscor Real Estate Mapping
Key Market Segmentation:
The report has segmented the global aerial imaging market based on aircraft type, camera orientation, application, end use sector and region.
Based on Aircraft Type:
- Fixed-Wing Aircraft
- Helicopters
- UAVs/Drones
- Others
Based on Camera Orientation:
- Vertical
- Oblique
- High Oblique
- Low Oblique
Breakup by Application:
- Geospatial Mapping
- Infrastructure Planning
- Asset Inventory Management
- Environmental Monitoring
- National and Urban Mapping
- Surveillance and Monitoring
- Disaster Management
- Others
Based on End Use Sector:
- Government
- Energy
- Defense
- Agriculture and Forestry
- Construction and Archaeology
- Media and Entertainment
- Others
Geographical Analysis:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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